Samtrade FX is an online broker specializing in CFD and forex trading. The firm was established in 2015, incorporates MetaTrader4, and is regulated by the UK’s and Australia’s top watchdogs. On Thursday, September 10th, Samtrade FX has announced that they’ve entered a sponsorship deal with Wolverhampton Wanderers. The team, often referred to as the Wolves, plays in England’s top Premier League.
The Wolves, however, aren’t the first football club Samtrade FX has sponsored. The brokerage also has a promotion deal with Cardiff City, another team from the same country. Cardiff, however, plays in England’s second league. The new sponsorship means a significant boost in exposure and an entryway into the European market. The Cardiff sponsorship should last two years, while the one with the Wolverhampton Wanderers is valid through the 2020-21 season.
Prominent figures in both companies had comments about the newly formed deal. Founder and CEO of Samtrade FX, Sam Goh, stated that the move was a part of the firm’s global strategy. He particularly hopes that the deal will provide an entry into Europe. He commended the Wolves as a prominent club and added that he hopes the agreement will help both parties thrive.
Wolverhampton Wanderers’ general manager, Russell Jones, seems to share the same optimism. He only had words of praise for the broker, noting the rewards Samtrade FX has secured throughout its years of business. Mr. Jones also emphasized the broker’s success in the Asian market, particularly Indonesia, Thailand, Vietnam, and Malaysia. He’s confident that the deal will be mutually beneficial, allowing both companies to thrive and reach their full potential.
The sponsorship will allow Samtrade FX to use the Wolves’ digital space for promotions. That includes social media, as well as the team’s official app. On top of that, they will also advertise in the physical space, appearing on the team’s press conference backdrop, as well as the LED commercials surrounding the football field.